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Most recent Oil Sands news

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SYNCRUDE CANADA LTD.
Friday, July 04, 2008
The Alberta government has wrapped up an investigation into how 500 ducks died in the toxic sludge of an oilsands tailings pond last spring.
(See Canadian Press: 500 dead ducks could cost Syncrude $1M if Alberta goes ahead with charges )
(July 4, 2008)
Friday, July 04, 2008
Peak Energy Services Trust (TSX:PES.UN) said Thursday it has signed a two-year deal with Sunshine Oilsands Ltd. to supply camp, catering and wastewater services for approximately 600 workers along with other peripheral support equipment, reports the Canadian Press. Peak said it expects this two-year contract to generate Can$9 million in revenue per year with the first term of the contract expected to start Dec. 1. The trust said it expects to spend $6 million to $7 million on capital expansion requirements specific to the project.
(July 4, 2008)
Friday, July 04, 2008
Fort St. John, B.C.--which bills itself as "The Energetic City"--will be able to avoid many of challenges that have become synonymous with the oilsands boomtown of Fort McMurray, Alta., the city's mayor says.
(See Canadian Press: Fort St. John expected to handle oil and gas boom well: mayor )
(July 4, 2008)
Wednesday, July 02, 2008
Alberta Premier Ed Stelmach defended his province's development of crude from Canada's massive oilsands Tuesday as environmentalist complaints trailed him to the Western Governors' Association meeting in Wyoming.
(See Canadian Press: Alberta premier defends oilsands development at U.S. governors' meeting )
(July 2, 2008)
Monday, June 30, 2008
A high-powered group of international experts is warning a 'no-holds-barred' race for Arctic resources could shape up unless countries around the world move faster to reach agreements on development, safety and environmental standards.
(See Canadian Press: International experts warn of 'no holds barred' Arctic resource race )
(June 30, 2008)
BRONCO ENERGY LTD.
Monday, June 30, 2008
Bronco Energy closed a Can$63 million bought deal offering, consisting of 4.275 million common shares of the corporation at a price of Can$14.75 per share. Macquarie Capital Markets Canada and RBC Capital Markets acted as co-lead underwriters in a syndicate that included GMP Securities, CIBC World Markets, Genuity Capital Markets and Thomas Weisel Partners Canada.
(Complete Text of Jun 30, 2008 News Release)
Monday, June 30, 2008
Governors and premiers from several western states and provinces met Sunday to discuss strategies for protecting wildlife that roams their region while also capitalizing on immense energy resources.
(See Canadian Press: Western governors weigh balancing energy, wildlife )
(June 30, 2008)
ROYAL DUTCH SHELL PLC
Friday, June 27, 2008
The U.S. Securities and Exchange Commission on Thursday proposed updated rules for energy companies that will require them to provide more detailed information to investors when reporting their oil and gas reserves.
(See Canadian Press: U.S. Securities and Exchange Commission proposes new rules for oil reserves )
(June 27, 2008)
SYNCRUDE CANADA LTD.
Friday, June 27, 2008
The massive and controversial tailings ponds tacked onto Alberta's huge oilsands developments are about to face tighter rules and enforcement action if reclamation targets are not met.
(See Canadian Press: Controversial oilsands tailings ponds to face tighter regulations in Alberta )
Property: SYNCRUDE (MILDRED LK. & AURORA N.)
(June 27, 2008)
Friday, June 27, 2008
Canada's oil pipeline capacity is adequate but tight and more lines are needed soon, the National Energy Board said Thursday. "Capacity constraints on oil pipelines in Canada were evident in 2007," NEB vice-chair Sheila Leggett stated in releasing the federal regulator's latest pipeline system assessment.
(See Canadian Press: Canadian oil pipeline capacity remains tight: National Energy Board )
(June 27, 2008)

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